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Egger increased sales by 9% in the 2020/2021 financial year

With the end of the financial year on April 30, 2021, Egger can look back on a twelve-month long special situation. After corona-related effects at the beginning of the financial year, Egger experienced a sharp increase in demand in almost all markets from summer 2020, which has remained at an exceptionally high level to this day...... [meer...]

Resolute Forest Products posts sales boost in Q2 results

Resolute Forest Products Inc. reported net income of $268 million, or $3.34 per diluted share, for the quarter ended June 30, compared to net income of $6 million, or $0.07 per diluted share, in the same period in 2020...... [meer...]

Finnish roundwood trade reaches record in June

Trade of roundwood in non-industrial Finnish private forests continued to be exceptionally active in June, with 8.2 million cubic metres of roundwood purchased by the forest industry. ...... [meer...]

Russian log exports from January to May increased by 16.8% year-on-year

According to Russian customs statistics, from January to May 2021, Russian sawn timber exports were 7 million tons, down 4.2% year-on-year. In terms of total export value, sawn timber exports increased by 21.3% to US$2.1 billion... [meer...]

Metsä Group reports strong second quarter

Metsä Group performed well in the second quarter. The company's comparable operating result for the second quarter was EUR 242 million, compared to EUR 96 million last year...... [meer...]

EU furniture trade surprisingly stable

While the production index gives an insight into the highly volatile market conditions for furniture in Europe during the COVID pandemic, the trade data seems surprisingly stable. In terms of USD trade value, trade in 2020 was little changed from the previous year...... [meer...]

Scm Group to invest 50 million Euro in research and development

Scm Group and the European Investment Bank (BEI) have signed a new unsecured credit line running for several years of 50 million Euro..... [meer...]

Tolko and Hunt Forest Products to build sawmill in Louisiana

Hunt Forest Products and Tolko Industries Ltd. announced that they will build a $240 million, state-of-the-art sawmill in Bienville Parish, near Taylor, LA. Construction is expected to start in early 2022...... [meer...]

Delta variety puts Vietnam and Indonesia into another lockdown

Due to the raging delta variety of the Corona virus that currently kills hundreds of citizens each day in Indonesia, the government as decided on another lockdown until August 2nd – so far. Only essential work is allowed. All other factories need to close in wide parts of the country such... [meer...]

OSB prices in US have increased sharply since the beginning of the year

The price of OSB has increased 510% since January 2020, exceeding the peak price increase in lumber by nearly 180 percentage points in the USA, as the National Association of Home Builders (NAHB) reported...... [meer...]

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France: Boom in demand for sawn softwood

France: Boom in demand for sawn softwood

As long as it lasts! In the softwood forests of eastern France, sawyers are crossing their fingers because the sawnwood markets are enjoying unprecedented enthusiasm...... [ meer...]

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DACH region: quadrupled prices and contracts for 24 hours

Within the DACH region softwood lumber prices in June are still on the rise due to the high demand in China and USA but also within Europe for construction. Many countries are promoting wooden buildings for climate reasons. Sawmills are at limit, struggeling to get logs and can not expand... [ meer...]

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US lumber prices come crashing down

For the past 16 days US future prices for lumber have been declining and deliveries further in the future are heading in only 1 direction, downwards. July deliveries are now at 1010 USD coming down from a record 1.711 USD in May...... [ meer...]

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